PIMCO Corporate & Income Opportunity Fund

PTY

Market cap $2.54B

Media fears over Meta's debt created a buying opportunity. PTY trades near a 5-year low premium to NAV. "Risky" Beignet debt is actually rated A+ by S&P.

NEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below.

Thankful for the modern market. We celebrate wins. Thankful the market provides bargains.

PIMCO Dynamic Income Fund is rated a Buy due to its unique asset structure, high yield, and strong liquidity. PDI's portfolio benefits from vintage mortgage-backed securities acquired at bargain prices, supporting higher returns versus peers PDO and PTY. With $7.13 billion AUM and a current low premium to NAV (~4%), PDI offers attractive entry for income-focused investors.

NEW YORK, Nov. 03, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below.

PIMCO Corporate and Income Opportunity Fund (PTY) is evaluated as an investment option at its current market price. PTY has delivered only modest gains despite a generally bullish market environment, justifying continued caution. The fund has become somewhat cheaper, but PTY remains expensive relative to its value and risk profile.

Don't worry, focus on building your cash flow. PTY profits when the market fears credit risk. DMB offers low-risk, tax-exempt municipal bonds at a discount.

For those who adopt a dividend strategy, having a “thermometer” with which to measure the real performance of our stocks is an immense advantage. This thermometer is NAV, a simple line on a graph that anyone can observe and understand without the need for calculations or interpretations. If it grows over the years, it means that the security earned its distributions: if it goes down, it means that it paid them at the expense of NAV.

PIMCO Corporate and Income Opportunity Fund is positioned to benefit as the Fed lowers rates, boosting both income and capital appreciation potential. PTY's multi-decade track record of stable, high-yield distributions outpaces risk-free assets, making it attractive for income-focused investors in a declining rate environment. With a recent portfolio shift to at least 50% corporate securities, PTY is set to capture higher yields as capital flows back into fixed income.

Recent developments have made the yield from the Guggenheim Strategic Opportunities Fund appear more attractive than the PIMCO Corporate and Income Opportunity Fund. As such, we suggest potential investors look past the notional yield and examine the NII coverage and credit exposure of both funds. GOF's headline yield of 14.59% is largely return of capital, making its actual yield less attractive than PTY's 9.77% supported by organic income.